CRWD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0266%/8h= +29.2% APRnext payment +$0.33 per $10,000 · paid last 24h −0.069%

Price spread now: QFEX against Injective+3.466%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and QFEX is 3.466% dearer against Injective than usual: you sell high and buy low: +$347 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective CRWD/USDC PERP	240.64	−0.0220	get 0.0028% / 1h	54m 09s	$21K	$20K	12x
Short	QFEX CRWD-USD	248.98	0.0046	get 0.0006% / 1h	54m 09s	$1.2M	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee QFEXbpOrdersPrice spread, now +3.466%Rate

Funding earned: $55.93
Price spread: +3.466% → 0.000%: $346.58
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee QFEX: 5 bp × 2 orders: −$10
Net: $392.48
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; QFEX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell QFEX live order book, 8 min ago	1.20 bp	8.2 bp −$8	16.6 bp −$166	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CRWD on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective CRWD/USDC PERPlong	−0.0220%	1h	240.64	long leg	$21K	$20K	12x
Aster CRWDUSDT	0.0000%	8h	248.98	+3.467%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.06	+3.499%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	248.82	+3.399%	$1.1M	$529K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.14	+3.532%	$615K	$615K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	248.95	+3.453%	$291K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.06	+3.499%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	249.17	+3.545%	$698	$112K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.05	+3.495%	$2K	$1.2M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	249.22	+3.565%	$6K	$7K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	249.15	+3.536%	$1.5M	$191K	10x	as long as short
QFEX CRWD-USDshort	+0.0046%	1h	248.98	+3.466%	$1.2M	$2.8M	10x
Extended CRWD_24_5-USD	+0.0048%	1h	248.87	+3.420%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.87	+3.420%	$867K	$627K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	248.98	+3.466%	$34K	$455K	20x	as long as short
Phoenix CRWD	+0.0257%	1h	249.11	+3.520%	$5	$106K	10x	as long as short
Paragon para:CRWD	+0.0349%	1h	248.66	+3.332%	$84K	$108K	10x	as long as short